New European-style coworking space clocks into Southlake
As the trend of coworking continues to grow among employers in Dallas-Fort Worth, so do the number of nontraditional workplaces. Spaces, a European-born coworking center, has opened a location in Southlake, its second in DFW and 34th in North America.
The two-story building is at 550 Reserve St., Ste. 150, in Southlake's Granite Place development.
Inside are nearly 25,000 square feet of open collaborative space, including 190 private desks available for rent, a large and small meeting room, a computer lab/coworking space, and other privately rented offices in which clients can set up and leave camp as is while they're away.
Lined with glass walls and featuring bright furniture and clean lines, the modern workspace also offers rentable bicycles and a generous amount of greenery, giving the place an indoor park feel. Spaces vice president Joshua McLeod describes it as having a “European feel and progressive vibe.”
The new location was an easy choice for McLeod. Situated just off of Hwy. 114 lining Southlake Town Square — and about 20 minutes from DFW Airport — the spot serves as a social and professional hub, one that has yet to see any coworking offices in the area. The nearest one can be found 40 minutes away in Fort Worth or at a mom-and-pop shop in Grapevine.
“In this market, you have a high density of professionals, well-located within a number of other great townships and cities like Keller, Trophy Club, and mid-cities,” McLeod says. “Great thoroughfares come through here.”
Spaces was started in Amsterdam by Martijn Roordink and quickly grew throughout Europe. Now there are Spaces in almost every major city in North America.
Spaces opened its first DFW location on McKinney Avenue in Uptown Dallas in 2016. (CultureMap has had offices there since April 2017.) Pricing varies by location, and memberships offer the lowest cost. For contracts of two years or more, clients receive generous discounts.
The demand for open, community-driven workspaces around DFW is high, McLeod says, as evidenced by the Southlake location's early success. Before it opened its doors, it reached 50 percent capacity; he expects they'll reach 80 percent, if not more, by mid May.
Nationwide in 2017, the coworking trend reached up to 4,043 spaces in the U.S., and is projected to hit 6,219 spaces by 2022, according to Statista.